Unable to reach an accord with Alitalia's trade unions following a two-day extension to the negotiations, Air France-KLM yesterday ended its effort to acquire the ailing flag carrier, leaving AZ's future once again up in the air. AF-KLM said that when it submitted its final offer for AZ three weeks ago, it "clearly indicated that [it] was contingent on prior agreement with the trade unions" representing a majority of employees. Despite reportedly offering several concessions as talks reached ...

Subscribe to Access this Entire Article

"Unable to reach accord with Alitalia unions, AF-KLM pulls out" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.